Public Storage Finalizes $500M Senior Notes Offering Due 2035
PSA is trading near its 52-week low of $256.54 (7.7% above the low).
Summary
Public Storage Operating Company finalized the terms for its $500 million offering of 5.000% Senior Notes due 2035, guaranteed by Public Storage.
Key Events · Financing and Capital Events · PSA
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Finalizes $500 Million Debt Offering
Public Storage Operating Company finalized the terms for its offering of 5.000% Senior Notes due 2035, guaranteed by Public Storage.
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Sets Key Terms
The offering consists of $500,000,000 in aggregate principal amount of notes with a 5.000% coupon and a reoffer yield of 5.109%.
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Follows Preliminary Prospectus
This final term sheet follows the preliminary prospectus supplement (424B5) filed earlier today, providing definitive details for the capital raise.
Analysis · PSA · Real Estate & Construction
This Free Writing Prospectus (FWP) provides the final terms for the previously announced debt offering, specifying the aggregate principal amount of $500 million and a 5.000% coupon rate for notes maturing in 2035. This significant capital raise strengthens the company's financial position and provides capital for general corporate purposes. The successful pricing of these notes at a 5.109% reoffer yield indicates continued access to capital markets for Public Storage.
How filings like this one have moved
In the 30 days to Sep 12, 2026, 29.9% of the 1939 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.15%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PSA was trading at $276.24 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $47.5B. The 52-week trading range was $256.54 to $312.95. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.